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Durable Goods Orders (Dec)
Survey |
-2.0% |
Actual |
-2.6% |
Prior |
-1.0% |
Revised |
-3.7% |
Karim writes:
The drumbeat continues:
- Durable good orders down 2.6% in December
- Ex-aircraft and defense, down 2.8% (and down 32.5% at an annualized rate in Q4)
- Consensus for Q4 GDP tomorrow is -5.5%; today’s durables data adds downside risk to that estimate and the claims/confidence data indicate that Q1 may well be as weak as Q4.
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Durable Goods Orders YoY (Dec)
Survey |
n/a |
Actual |
-19.7% |
Prior |
-19.1% |
Revised |
n/a |
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Durables Ex Defense MoM (Dec)
Survey |
n/a |
Actual |
-4.9% |
Prior |
-3.9% |
Revised |
n/a |
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Durables Ex Transportation MoM (Dec)
Survey |
-2.7% |
Actual |
-3.6% |
Prior |
1.2% |
Revised |
-1.7% |
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Durable Goods ALLX (Dec)
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Initial Jobless Claims (Jan 24)
Survey |
575K |
Actual |
588K |
Prior |
589K |
Revised |
585K |
Karim writes:
- Initial claims rise 3k to 588k (4wk avg up to 542k from 518k)
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Continuing Claims (Jan 17)
Survey |
4620K |
Actual |
4776K |
Prior |
4607K |
Revised |
4617K |
Karim writes:
- Continuing claims rise 159k to 4776k, all-time high in the 41yrs of the claims series
- Despite the decline in energy prices and publicity surrounding stimulus plan, both ABC and Conference Board surveys made new lows in the past week- reflecting that the labor market is now the key driver of sentiment
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Jobless Claims ALLX (Jan 24)
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New Home Sales (Dec)
Survey |
397K |
Actual |
331K |
Prior |
407K |
Revised |
388K |
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New Home Sales Total for Sale (Dec)
Survey |
n/a |
Actual |
357.00 |
Prior |
397.00 |
Revised |
n/a |
This continues to fall rapidly as new construction rates falls way below sales.
In fact, the lack of new home inventory is probably restricting sales.
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New Home Sales MoM (Dec)
Survey |
-2.5% |
Actual |
-14.7% |
Prior |
-2.9% |
Revised |
-4.4% |
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New Home Sales YoY (Dec)
Survey |
n/a |
Actual |
-44.8% |
Prior |
-38.3% |
Revised |
n/a |
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New Home Sales Median Price (Dec)
Survey |
n/a |
Actual |
206.50 |
Prior |
219.70 |
Revised |
n/a |
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New Home Sales TABLE 1 (Dec)
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New Home Sales TABLE 2 (Dec)
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